#MarketPullback Ethereum may take the baton!
On his part, Brian Quinlivan from Santiment notes that "a new historical high for Bitcoin is expected on social media," but he reminds us that "markets usually move in the opposite direction of public expectations." Therefore, it wouldn't be surprising if BTC remains below the $110,000 mark for a while longer.
And while everyone is watching as Bitcoin stays within its range, Ethereum may well take advantage of the situation to catch up. Brian Quinlivan explains that "more attention is being paid to Ethereum," and the asset "has started to catch up since the markets began to recover in mid-April." He adds that "he wasn't completely sure about this theory until ETH actually hit bottom a few months ago."